Avon changes vested rights laws
Avon, CO Colorado
AVON, Colorado “-The Avon Town Council changed it vested rights laws Tuesday in response to a lawsuit filed by the Traer Creek Metropolitan District last year.
The district is closely connected to Traer Creek, the developer that built Wal-Mart, The Home Depot and Traer Creek Plaza.
Vested rights require a local government to grant a vested right for a minimum period of three years for any “site specific development plan,” as defined by the local government. The vested rights statutes also authorize local governments to grant vested rights for periods that are greater than three years, according to the town’s Web site.
The council unanimously approved changes in the law, which include eliminating the five-year maximum duration for vested rights, establishing guidelines to consider vested rights longer than three years and establishing specific procedures to declare a forfeiture of vested rights.
The council agreed to keep the language as general as possible so that each vested rights case can be looked at separately.